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Apple iPhone sales decline for the first time ever

Apple’s crazy growth streak hit its first big snag in more than a decade. The iPhone maker released its March period earnings report this afternoon, reporting that it missed earnings per share by 9 cents with the stock down 6% in after-hours trading.  This is also the company’s first year-over-year decline in quarterly revenue since … Continue reading “Apple iPhone sales decline for the first time ever”

Apple’s crazy growth streak hit its first big snag in more than a decade. The iPhone maker released its March period earnings report this afternoon, reporting that it missed earnings per share by 9 cents with the stock down 6% in after-hours trading. 

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This is also the company’s first year-over-year decline in quarterly revenue since 2003. 

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About the author

Christina Farr is a San Francisco-based journalist specializing in health and technology. Before joining Fast Company, Christina worked as a reporter for VentureBeat, Reuters and KQED

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